Taylor at MyEtherWallet told me the BAT ICO this morning really slammed the Ethereum blockchain. All wallets and exchanges were bogged down. I couldn't withdraw ETH from MyEtherWallet, ETH on Bittrex was locked down, etc.

So for many people it wasn't that the concert was sold out when they got there, it's that they couldn't even get out of the driveway. Their buy orders never made it onto the blockchain. Freakin' bots pounding that ICO address...

BAT is on Bittrex. Bought 5,000 at about a quarter each and watching the price, currently going for $0.30 to $0.35. I haven't calculated how much over ICO that is. 8 or 10x? Just jumped, having already done my doo diligence. It's already #7 in volume on Bittrex.

Edit: Price is actually dropping back toward where I bought in. Might grab some more.

Edit: So I ended up with 10,000 BAT for just under 1 BTC. Now the adventure begins...

The BAT ico was indeed a joke. Someone(s) had their bots loaded up and ready to swarm the one and only Ether address until it was sold out. Plus there was that "cut in line" thing with a ridiculous gas fee, or bribe. What a mess.

But the premise for wanting to be part of it is still true. It would have been nice to get it at 3.6 cents, but that ship has sailed. From an an investor's viewpoint, is 31 cents (current price) a viable entry point? That's a personal judgment call. I was OK with 25 cents, even though the !@#$% whale made like 7X on the ICO price. If it becomes as big as we believed it would before the ICO fiasco, 25-30 cents won't feel like so much.

Charlie, the Parity buys didn't get through, either, from what I saw in the PIVX slack. They went through some trouble to set it up, and they couldn't get through the bot attack.

Still hovering around 30 cents, hasn't moved much since the initial runup. But a lot of it is changing hands; BAT is #3 in volume on Bittrex. It's only available on 4 markets, Bittrex being the largest and only being on Bittrex for 1 day, and it still manages to be #20 on CoinMarketCap. A lot of interest.

I'm waiting on BAT for now. I still need to get the bad taste out of my mouth after that ICO. Also, Eich was on the slack channel answering questions about the ICO in regards to the increase in ETH price while they had locked in the value at $155 while ETH was over $215 a coin at ICO release date. He had given options, suggested a vote, and then said "we will answer this question after the ICO is over" which was unsatisfying. I was still willing to purchase at ICO time even with the price disparity.

Unfortunately what he ought to have said was, it won't matter what we do because this ICO is going to sell out in 30 seconds and none of you are going to get any coin anyway

For now, I'm choosing other projects like Tezos, Bancor, and currently Wagerr (partly as a hedge to my Edgeless position).

I hope it dips low enough (but only briefly!) to wash away that bad taste, Travis. Remember why you presented this to us in the first place. If the mismanagement of the ICO indicates a systemic problem with the BAT team, that is one thing, and please warn us about that. But it strikes me more as failing to foresee a vulnerability that a small group of arbitrageurs could take advantage of. Probably not the only ICO it has happened to. There was the getting greedy bit before that, but as you said, that was only enough to reduce your investment.

Suppose the ICO had proceeded normally, but I still was unable to fight my way through the crowd, a likely enough scenario since I couldn't even get my order up onto the blockchain. Many of those who did succeed would still have immediately listed their BAT at 5-10X what they paid (and thus hold some for free) and I still would be faced with buying or waiting. I hesitated but decided 25 cents might be the lowest it would ever be available to me. It has not skyrocketed at this point, which may indicate I was wrong. But it is only day 2 on Bittrex, it has a market capitalization of $329 million on CoinMarketCap, three times that of PIVX, and is still not widely available or widely known. So we'll see.

"You need to buy high and sell higher. Run with the LEADERS." Heck bucketeer that's all I've been doing lately well at least the buy Higher part becuase it seems like everything I have, XBY, BAT, QTUM not including the BTC and ETH all have taken a dip on me, so when do I sell high?

Marchas45 wrote:"You need to buy high and sell higher. Run with the LEADERS." Heck bucketeer that's all I've been doing lately well at least the buy Higher part becuase it seems like everything I have, XBY, BAT, QTUM not including the BTC and ETH all have taken a dip on me, so when do I sell high?